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Dec 24, 2012
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in july you may recall senate democrats passed an extension of the middle-class tax codes for the year. those folks making less than $250,000 per year at a cost of 157 billion. also passing the alternative minimum tax for $92 billion. mitch mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesman told me this morning nothing new to report. we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if we do fall off the cliff, he will come back, propose just what he proposed yesterday leaving washington, and will end up adopting at the washed up at the market in such turmoil and the lack of confidence, why don't we go ahead and act now. >> most numbers are used to spending the christmas to new year's at home, it is time to go back to the table. if anybody sees these representatives from the house in line shops are getting their christmas turkey wish them a merry christmas, civil and say go back to the table, not her own table, the table in washington. >> so there's a group of senate republicans who
in july you may recall senate democrats passed an extension of the middle-class tax codes for the year. those folks making less than $250,000 per year at a cost of 157 billion. also passing the alternative minimum tax for $92 billion. mitch mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesman told me this morning nothing new to report. we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if...
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Dec 24, 2012
12/12
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FBC
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in july you may recall the senate democrats passed an extension of the middle class tax cuts if r a year at a -- for a year at a cost of 157 billion. that bill also patched the alternative minimum tax for 2012 for 92 billion, but it went nowhere after that. senate republican leader mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesperson says this morning quote, nothing new to report. we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. >> what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference, that would be a package of about 2.6 trillion dollars. you couple that with the 1.1 trillion that's already been done, that would
in july you may recall the senate democrats passed an extension of the middle class tax cuts if r a year at a -- for a year at a cost of 157 billion. that bill also patched the alternative minimum tax for 2012 for 92 billion, but it went nowhere after that. senate republican leader mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesperson says this morning quote, nothing new to report. we don't know yet what senator reid plans to bring to the...
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Dec 27, 2012
12/12
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that is 10 points less than at its high in july. so we're definitely seeing that consumer slowdown happen even way before the fourth quarter. adam: you're with therf. you're with the national retail federation, are you not. >> no. i'm an independent analyst. adam: excuse me. a lot of people like the nrf but what are the repercussions whether for the nrf or anybody? nrf, they're sticking to it. they're not revising their predictions. shoppertrak, spending pulse says. what are projections going forward? 20 to 40% of reta busines is earned in the who day shopping season of their revenue. so what happens in 2013 if it is as bad as we think it might be? >> to give you an idea, right, macy's provides guidance going forward into 2013. a lot of other retailers provide guidance due to the potential slowdown. in addition, macy's, kohl's, jcpenney revised their guidance when it came to same-store sales. give you an idea, macy's for holiday sales, 2011, 59% of their sales came from holiday sales. accounts for a lot a macy's. for them to revise
that is 10 points less than at its high in july. so we're definitely seeing that consumer slowdown happen even way before the fourth quarter. adam: you're with therf. you're with the national retail federation, are you not. >> no. i'm an independent analyst. adam: excuse me. a lot of people like the nrf but what are the repercussions whether for the nrf or anybody? nrf, they're sticking to it. they're not revising their predictions. shoppertrak, spending pulse says. what are projections...
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Dec 28, 2012
12/12
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adam: the vix is at its highest level since july. lauren simonetti wwll be with us again, thank you very much, at the stock exchange. china training its strong grip on the internet. how will web users respond? take a look at today's other winners and losers. adam: we are a few meeting minutes away from the meeting on the fiscal cliff, most business owners fear going over the cliff will bring their business to a standstill, when chief executive says won't be impacted at all. jeff flock live in bloomingdale, ill. with more. >> fiscal cliff edge missile cliff says the man i'm about to talk to, this is the antenna business. nasdaq, they make wireless antennas for wireless communication, marty singer is the ceo, and a lot of your fellow ceos are on pins and needles worried what is going to happen. that is not you. >> i am not and the tragedy of the fiscal cliff is the distraction from issues that influence the economy such as cost of health care, we are facing a 17% increase. >> walk with me so i can show you the plan. you have a huge pla
adam: the vix is at its highest level since july. lauren simonetti wwll be with us again, thank you very much, at the stock exchange. china training its strong grip on the internet. how will web users respond? take a look at today's other winners and losers. adam: we are a few meeting minutes away from the meeting on the fiscal cliff, most business owners fear going over the cliff will bring their business to a standstill, when chief executive says won't be impacted at all. jeff flock live in...
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Dec 22, 2012
12/12
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FBC
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kimberly fox, i am peer july wealth management. scott martin, united advisors and steve hayes from the "weekl standard." you guys are still at work. everybody in washington gave up and went home. we're all here. i don't know, kimberly, what do you make of what happened today? >> you know, i don't know. they can't play fair and they can't play nicely in the sand backs, make them go home and rethink it and come back and be willing to work. life is about a plan b. if plan b doesn't work you better have a plan-cor plan d. melissa: scott, i'm surprised the markets didn't fall more. are they still holding out hope that these chuckle heads as called earlier today by something else will get something done? now it seems we're should be preparing the swan dive to go over the news call cliff? >> chuckle heads is putting it nicely, melissa. it was ahin tde. there wasn't a lot of people participating in the market move. it is not surprising when everybody sold yet. that probably comes next week. here is the interesting thing. i'm kind of surpri
kimberly fox, i am peer july wealth management. scott martin, united advisors and steve hayes from the "weekl standard." you guys are still at work. everybody in washington gave up and went home. we're all here. i don't know, kimberly, what do you make of what happened today? >> you know, i don't know. they can't play fair and they can't play nicely in the sand backs, make them go home and rethink it and come back and be willing to work. life is about a plan b. if plan b doesn't...
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Dec 26, 2012
12/12
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he has said that the senate legislation passed back in july, which would extend the bush tax cuts for everyone making under $250,000 a year. that that would be a vehicle for trying to get all of this done. there are a lot of other things out there like that expiring payroll tax cut. it looks like that will not get renewed. a whole pile of things. lori: a pile of what? [ laughter ] i could not resist. it is the day after christmas. >> happy new year's. tracy: it surely wasn't a holly jolly christmas for netflix users. 27 million without streaming service. shibani joshi here with the details. shibani: 27 of its 30 million customers did not have service on a knife that is very important for people. they want to watch a movie and not watch a christmas story for the 100th time. there was a blackout on amazon service. they were blocking people from getting access to movies and television shows. it was through numerous devices. there was just no way to get the context. you have to watch television or talk to your family. [talking over each other] shibani: we are finding out whose problem it
he has said that the senate legislation passed back in july, which would extend the bush tax cuts for everyone making under $250,000 a year. that that would be a vehicle for trying to get all of this done. there are a lot of other things out there like that expiring payroll tax cut. it looks like that will not get renewed. a whole pile of things. lori: a pile of what? [ laughter ] i could not resist. it is the day after christmas. >> happy new year's. tracy: it surely wasn't a holly jolly...
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Dec 26, 2012
12/12
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FBC
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now, that was in july of 2011 and then a couple of week-- a couple of months later came out with the budget, saying the tax system should be simplified and work for all americans with lower rates and brackets. the president has come out time and again saying we shouldn't raise any kind of rates. is anybody calling him on that? >> well, a lot of republicans are wondering what's different now? we still have a sluggish economy, why the change in position? , but the president was out on the campaign trail, time and time again saying individuals and families specifically making over $250,000 a year should be-- should get tax increases so he's sticking to that position, like i mentioned before, the white house seems to be signaling that they would move in the direction of 400,000, those making over 400,000 increases there which may be something that congress could agree on and get through. but again, we're going to have the conservative wave in the republican house saying no increases, so, boehner's going to be in in a position do i get democratic votes and risk speakership. >> boehner is
now, that was in july of 2011 and then a couple of week-- a couple of months later came out with the budget, saying the tax system should be simplified and work for all americans with lower rates and brackets. the president has come out time and again saying we shouldn't raise any kind of rates. is anybody calling him on that? >> well, a lot of republicans are wondering what's different now? we still have a sluggish economy, why the change in position? , but the president was out on the...
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Dec 27, 2012
12/12
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the highest point* is from july. this is the environment right now. it is a holiday but we will watch each sector under pressure. lori: more news then redo this time. tracy: fiscal clef finger-pointing underway in washington. harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with the top democrats and republicans but still no update to report. senate majority leader harry reid said it looks like we're going over a cliff and it is up to the house. >> speaker boner shed call people back to washington today and should not have let them go. they are not here. john boner cared more about his speakership than the financial footing. >> they're now working on a fiscal clear solutions they say the majority leader should talk less and legislate more. also mitch mcconnell says the leader is happy to review with the president what he has in mind but that a
the highest point* is from july. this is the environment right now. it is a holiday but we will watch each sector under pressure. lori: more news then redo this time. tracy: fiscal clef finger-pointing underway in washington. harry reid says they're headed over the cliff. it is really about senator harry reid and mitch mcconnell? >> to develop the political staring contest democrats say republicans need to move and around rego. the president arrived this morning from hawaii and so with...
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Dec 27, 2012
12/12
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liz: if we go to $82 a barrel, what will the forecast before june and july? in the past, the nation has gone through some kind of panic attack expecting five dollars for a gallon of gas. >> i do not see five dollars at all next year. i do not even see four dollars. i expect $3.75 to be the height of the peak. what i expect is nothing will happen until the new year when both congress and the president come back. they enact new tax cuts. neither side is interested in any sort of significant spending cuts. liz: where do you see oil and gas prices in that scenario? >> well, in that scenario, i think oil prices could rise if we just had the tax cuts because the spending will continue unabated and the dollar will get weaker and commodity prices will get higher. liz: thank you. let's stay with oil. we will bring in our very own jeff flock. what are you watching out there? jeff: we were at the cme yesterday. talk about what the impact of the fiscal cliff has done to the oil market. take a look at oil prices today. since christmas, we are up about 3%. take a look at t
liz: if we go to $82 a barrel, what will the forecast before june and july? in the past, the nation has gone through some kind of panic attack expecting five dollars for a gallon of gas. >> i do not see five dollars at all next year. i do not even see four dollars. i expect $3.75 to be the height of the peak. what i expect is nothing will happen until the new year when both congress and the president come back. they enact new tax cuts. neither side is interested in any sort of significant...
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Dec 28, 2012
12/12
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joining us now from new york, julie riganski, a democratic strategist and here in washington, steven moore, a member of the "wall street journal" editorial board. sesteven, let's start with you. great to hear harry reid on this. the last time i checked the do so called proposal that a he put forth in july didn't really receive any support and only dealt with tax increases. it wasn't a comprehensive deal and didn't involve real spending cuts it was just raise tax and it went no where. for him to blame republicans, come on. >> don't forget, it has been 13 hyundais since hair arery reid even passed a budget out of the united states senate. we don't even know what the united states senators stand for in terms of the budget debate. the same thing on taxes. the house actually passed a lot of people don't know that earlier this year the house passed a bill to extend all of the bush era tax cuts for another year until resolve the issue. the senate again didn't act on that. the grave yard of the items are the united states senate. the other thing interesting harry reid said the president has
joining us now from new york, julie riganski, a democratic strategist and here in washington, steven moore, a member of the "wall street journal" editorial board. sesteven, let's start with you. great to hear harry reid on this. the last time i checked the do so called proposal that a he put forth in july didn't really receive any support and only dealt with tax increases. it wasn't a comprehensive deal and didn't involve real spending cuts it was just raise tax and it went no where....
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Dec 23, 2012
12/12
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&p all four victims 3 hospital from july 2009 to january 2010 when "david & he's accused of syringes and using them on patients.. that's in addition to another patient at the baltimore a medical centerrwhh was diagnosed iih &pthe virus. kwiaakowski is also facing infecting more than 33 people. -3 3 howard -3 ccunty poliie... arrest... ppn... essex maa... &p who appears to be caught on -3 videe.../ steelinn packages... from a columbia home sheehan... was charged with theft... after a resident... near... -&hidden--clearing.... captureddvidee... of - subaru.../ parrying... packages from the homee.. and intoohis car.... just moments... 3 phem off..../ pooice... got... a tip... afterr rrleasing photos... of sheehan 3 3 the... novemer ...jobs rport... is out .../ &p.../ maryland... lost... 31- mmntt...../ according,... to... tte .s. department ...of labor..../ at.... the same time... , the federal agency... harply -3pevised downward ... its estimates for pctober,.../ suggesting ... &pthattempllyerss.. added... 47 - hundred joos... ather than ...14,thousandd.../ 3 the state's unemppoyment r
&p all four victims 3 hospital from july 2009 to january 2010 when "david & he's accused of syringes and using them on patients.. that's in addition to another patient at the baltimore a medical centerrwhh was diagnosed iih &pthe virus. kwiaakowski is also facing infecting more than 33 people. -3 3 howard -3 ccunty poliie... arrest... ppn... essex maa... &p who appears to be caught on -3 videe.../ steelinn packages... from a columbia home sheehan... was charged with...
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Dec 28, 2012
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obama himself, as you know, said last july, july, 2011, you can get $1.2 trillion by eliminating loopholes, which is exactly what republicans offered him. so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a crisis among the republicans and it did. so right up until now obama has what he wanted, which was a partisan, political success. he's been less worried about the fiscal issue for two reasons. number one, he does not care about debt. he hasn't in the four years. and number two, he thinks he's a political winner if we go over the cliff. he thinks he's holding all the cards. >> all right. charles, let me agree with one point. you use the term, and i will concede that's the perfect term, ruthless skill. but, as bob woodward pointed out when he wrote this book about the grand bargain negotiations, it's not going to be looked at through this historical prism as the boehner era, this is the obama e.r.a. if the economists are right and things don't go well for the country, doesn't the president h
obama himself, as you know, said last july, july, 2011, you can get $1.2 trillion by eliminating loopholes, which is exactly what republicans offered him. so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a crisis among the republicans and it did. so right up until now obama has what he wanted, which was a partisan, political success. he's been less worried about the fiscal issue for two reasons....
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Dec 24, 2012
12/12
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you look at the consumer, ten points lower than in july and for december 72 points. in july, it was 82. so we're seeing the sentiment decline over the last couple of months. also, consumer confidence at the lowest it's been in five months so really seeing that kind of permeate over the last couple of months and especially goins forward and we have also seen some mild weather over the last couple of months so especially in the midwest and the northeast so i think that's going to have something to do with the fact consumers aren't spending that much. >> you would think that because thanksgiving, we think back to november, fell earlier this year. >> right. we had more time to spend. >> we had more money spending and would think that the number would be a little fluffier. >> you would think. think about what was happening in those 31 days where people supposed to spend. people were recovering from sandy. all we have been bombarded with is negative news and newtown and i think weighing on the minds of the american consumer more than we think. >> thank you. appreciate your
you look at the consumer, ten points lower than in july and for december 72 points. in july, it was 82. so we're seeing the sentiment decline over the last couple of months. also, consumer confidence at the lowest it's been in five months so really seeing that kind of permeate over the last couple of months and especially goins forward and we have also seen some mild weather over the last couple of months so especially in the midwest and the northeast so i think that's going to have something...
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Dec 28, 2012
12/12
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KQED
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as julie said there is a deep vein of frustration in the country. and i think that is what we are seeing, this this one case has sparked off, you know, this citizen's protest didn't come out of nowhere. it's not a new issue. there have been sexual violence against women in india for many, many decades. but i think the sense ever a new feeling of kind of liberation about being able to take to the streets and say something about it is why we are seeing so much action right now. >> when a woman overcomes her own misgivings, pressure from her own family, and actually goes to the police, what happens? are the accusations investigated? are the accused tried? >> well this is one of the bigger problems, ray. because first of all it has to be said that the vast majority of the rapes are not reported in india as all over the world. but especially in india because it is a huge that would. there is a cultural no-no against it. it can ruin your life, if are you raped will you not get married. you could be thrown out of your village. so that is the most important
as julie said there is a deep vein of frustration in the country. and i think that is what we are seeing, this this one case has sparked off, you know, this citizen's protest didn't come out of nowhere. it's not a new issue. there have been sexual violence against women in india for many, many decades. but i think the sense ever a new feeling of kind of liberation about being able to take to the streets and say something about it is why we are seeing so much action right now. >> when a...
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Dec 30, 2012
12/12
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>> the commitment we made was to pass every appropriations bill by the fourth of july break. my staff said i am crazy. it was feasible if you went about the work seriously. by the fourth of the library, guess what? all of the bills had been passed. we were able to send everyone of those bills to the president's desk. they were signed in the law with bipartisan support. that sort of work can make a difference. more voices need to be heard in support of that effort. >> my recollection would be since then, it has been budgeting by continuing resolutions. >> we have done an awful lot. a lot of people do not realize we have demonstrated we can do this regular order. the more we move the committee back rather than having everything dominated in a speaker's office, the better off the congress will be. >> who loses and who gains when -- >> the existing agencies have their pipelines already clogged with money and we throw more money at it without any serious oversight. continuing resolutions are ignoring our responsibility and our goal is that we have got a job to do. to see how money
>> the commitment we made was to pass every appropriations bill by the fourth of july break. my staff said i am crazy. it was feasible if you went about the work seriously. by the fourth of the library, guess what? all of the bills had been passed. we were able to send everyone of those bills to the president's desk. they were signed in the law with bipartisan support. that sort of work can make a difference. more voices need to be heard in support of that effort. >> my recollection...
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Dec 28, 2012
12/12
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as julie said there is a deep vein of frustration in the country. and i think that is what we are seeing this this one case has sparked off you know, this citizen's protest didn't come out of nowhere. it's not a new issue. there have been sexual violence against women in india for many many decades. but i think the sense ever a new feeling of kind of liberation about being able to take to the streets and say something about it is why we are seeing so much action right now. >> when a woman overcomes her own misgivings, pressure from her own family, and actually goes to the police what happens? are the accusations investigated? are the accused tried? >> well this is one of the bigger problems ray. because first of all it has to be said that the vast majority of the rapes are not reported in india as all over the world. but especially in india because it is a huge that would. there is a cultural no-no against it. it can ruin your life if are you raped will you not get married. you could be thrown out of your village. so that is the most important thing
as julie said there is a deep vein of frustration in the country. and i think that is what we are seeing this this one case has sparked off you know, this citizen's protest didn't come out of nowhere. it's not a new issue. there have been sexual violence against women in india for many many decades. but i think the sense ever a new feeling of kind of liberation about being able to take to the streets and say something about it is why we are seeing so much action right now. >> when a woman...
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Dec 29, 2012
12/12
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how bad is it right now, julie? >> reporter: right now we are getting a bit of a break, craig, but there is more to come with this system. it is just now a little bit south of the new york city metro area. i'm at laguardia, and i can tell you we've seen 50 or so cancellations as of this morning and this afternoon, but more likely to come as the snow really starts to work its way into the city this afternoon and this evening. we're looking to pick up anywhere say one to three inches in manhattan and some of the higher elevations like the hudson valley and you could be looking at anywhere from 6 to 8 inches and cities like boston are going to get socked this evening and we could see anywhere up to a foot of snow in the boston area so certainly travel in and out of logan is not going to be too keen by the time tomorrow morning rolls around if you are trying to get there for the holiday destination for the new year. here in new york it's not as big of a storm as we saw in the past week where we saw hundreds of delay s a
how bad is it right now, julie? >> reporter: right now we are getting a bit of a break, craig, but there is more to come with this system. it is just now a little bit south of the new york city metro area. i'm at laguardia, and i can tell you we've seen 50 or so cancellations as of this morning and this afternoon, but more likely to come as the snow really starts to work its way into the city this afternoon and this evening. we're looking to pick up anywhere say one to three inches in...
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Dec 30, 2012
12/12
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of basically a who's who of the fortune 500 has been traveling down to washington in batches since july, august, you know, they don't want this to happen. this is -- they don't know what this means for spending cuts, for tax cuts, this means they don't know what's going to happen to the economy and what's going to happen to the market and that means they can't plan and these companies build in their budgets for 2013 in june and july, so in many ways, this is going to be baked into the spending we see in 2013 already. >> and, bianna, you spoke just recently with the oracle of omaha, right? you spoke to warren buffet. what's his take on all of this? >> yeah, i asked him for his take. ever the optimist long term with regards to the u.s. economy. he gave us a statement as well. he said "the american economy has worked well since 1776, albeit with periodic and sometimes severe interruptions, and will continue to do so. berkshire will invest a record amount again in 2013 in plant and equipment. what's right with america far outshadows what's wrong with washington." now, some could argue if we
of basically a who's who of the fortune 500 has been traveling down to washington in batches since july, august, you know, they don't want this to happen. this is -- they don't know what this means for spending cuts, for tax cuts, this means they don't know what's going to happen to the economy and what's going to happen to the market and that means they can't plan and these companies build in their budgets for 2013 in june and july, so in many ways, this is going to be baked into the spending...
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Dec 28, 2012
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. >> sports highlight of the year in middle of july with four minutes left in the game and the basketball team took the lead over the heavily and i mean 33-point heavily favored u.s. team. >> once is enough. >> highly patriotic person you are. >> let's just do sports highlights. >> let's do it. >> beating oklahoma in september. >> you know, it's funny because whenever we talk about sports, me and steve are arguing and arguing like, you know, 6 versus 1/2 dozen and we won't them to be penalized but a lot or a little. >> we squeeze eight minutes out of that. >> it was a nonargument that became an argument. >> steve? steve, i can't believe you didn't work in there your dominating toure on the musical choice naming of the graphic -- >> that was a highlight. >> i didn't want to embarrass him. >> one time. >> very, very obscure song by the four tops. he thought it was the temptations. he insisted. >> that i remember. they remember. >> i think that was the highlight for a lot of people. >> i see the love you guys have for me and the way you -- >> thank you, crystal. >> we love you, toure. >> tha
. >> sports highlight of the year in middle of july with four minutes left in the game and the basketball team took the lead over the heavily and i mean 33-point heavily favored u.s. team. >> once is enough. >> highly patriotic person you are. >> let's just do sports highlights. >> let's do it. >> beating oklahoma in september. >> you know, it's funny because whenever we talk about sports, me and steve are arguing and arguing like, you know, 6 versus...
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Dec 30, 2012
12/12
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market and that means they can't plan and these companies build in their budgets for 2013 in june and july so in many ways, this is going to be baked into the spending we see in 2013 already. >> and, bianna, you spoke just recently with the oracle of omaha, right? you spoke to warren buffet. what's his take on this. >> i asked him for his take. ever the optimist long term with regards to the u.s. economy he gave us a statement as well. he said "the american economy has worked well since 1776, albeit with periodic and sometimes severe interruptions, and will continue to do so. berkshire will invest a record amount again in 2013 in plant and equipment. what's right with america far overshadows what's wrong with washington." now, some could argue if we do get past this fiscal cliff and address the debt ceiling, 2013 could actually be a good year for the economy, the housing market continues to recover. we do see an energy boom, as well, but you know i spoke with robert rubin, as well and i think he summed it up by saying this really was a missed opportunity that we're seeing right here for so
market and that means they can't plan and these companies build in their budgets for 2013 in june and july so in many ways, this is going to be baked into the spending we see in 2013 already. >> and, bianna, you spoke just recently with the oracle of omaha, right? you spoke to warren buffet. what's his take on this. >> i asked him for his take. ever the optimist long term with regards to the u.s. economy he gave us a statement as well. he said "the american economy has worked...
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Dec 29, 2012
12/12
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weather channel's julie martin standing by at laguardia. what's the seen now, julie? >> reporter: craig, in fact, half of those cancellations have come from the new york airports and 180, jfk, laguardia and newark as of this hour. in terms of the delays we are not seeing them mount as much as we would have thought at this time and one of the reasons that snow not quite working its way into the tri-state area just yet, but we are, nonetheless, seeing low ceilings and visibility issues and certainly wet runways as a result of the storm which will continue to crank along throughout the afternoon and the evening before winding down overnight into tomorrow and really impacting cities like boston which could pick up a foot. i would expect to see major delays for you. here in new york, we are anticipating those delays to continue to climb throughout the evening. one of the good things with this storm, versus the storm earlier this week is the winds are lighter with this so it won't be as much of an aviation problem. nonetheless, if you are traveling you will want to check ah
weather channel's julie martin standing by at laguardia. what's the seen now, julie? >> reporter: craig, in fact, half of those cancellations have come from the new york airports and 180, jfk, laguardia and newark as of this hour. in terms of the delays we are not seeing them mount as much as we would have thought at this time and one of the reasons that snow not quite working its way into the tri-state area just yet, but we are, nonetheless, seeing low ceilings and visibility issues and...
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Dec 27, 2012
12/12
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since july 25th, speaker boehner could have brought it to vote in the house and it would pass, but he's doing -- he has made the decision he's not going to let a vote on that. i've said here, mr. president, it's not too late for the speaker to take up the senate-passed bit, but that time is even winding down. today is thursday. he's going to get 48 hours notice to the house before they came bam, so 48 hours from the day is saturday. with just that one vote, middle-class families -- they would go up at least be $2200. some more, some less, of course. speaker boehner could call house members back today. he shouldn't have let them go, in fact. they are not here. they are not here. john boehner seems to care more about keeping his speakership than keeping the nation on temple financial footing. it's obvious what's going on around here. he's waiting until january 3rd to get reelected as speaker before he gets serious with negotiations. he has so many people over there that won't following what he wants. that's obvious from the debacle that took place last week. it was a debacle. he made an o
since july 25th, speaker boehner could have brought it to vote in the house and it would pass, but he's doing -- he has made the decision he's not going to let a vote on that. i've said here, mr. president, it's not too late for the speaker to take up the senate-passed bit, but that time is even winding down. today is thursday. he's going to get 48 hours notice to the house before they came bam, so 48 hours from the day is saturday. with just that one vote, middle-class families -- they would...
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Dec 29, 2012
12/12
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in place for disaster assistance wasn't reauthorized, then you've been stranded since june or since july or since august. and perhaps in that interim, you've lost your farm. perhaps you lost your ranch. perhaps you've mortgaged everything to try to hold on. and yet, here is the u.s. senate saying, hey, it's okay that we're not helping you now because you know what? we're going to help you in the farm bill. well, where is the farm bill? it's not on the president's desk. it isn't in route to the president's desk. it hasn't even been brought up on the floor of the u.s. house. a bipartisan group of senators in this body approved a farm bill and had the disaster relief for our ranchers and farmers in it and sent it over to the house, and it's never been discussed. that is completely unacceptable. it is a moral failure to leave those struck by disaster stranded. well, tonight 55 senators agree it is unacceptable. we should help right now. but you know what? under the budget point of order that was put forward, you needed 60 votes. we needed 60 votes tonight to help our ranchers and farmers. we
in place for disaster assistance wasn't reauthorized, then you've been stranded since june or since july or since august. and perhaps in that interim, you've lost your farm. perhaps you lost your ranch. perhaps you've mortgaged everything to try to hold on. and yet, here is the u.s. senate saying, hey, it's okay that we're not helping you now because you know what? we're going to help you in the farm bill. well, where is the farm bill? it's not on the president's desk. it isn't in route to the...
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Dec 22, 2012
12/12
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harry reid passed it back in july, and republicans refused to vote on it. boehner, why don't you vote on that? the time for complaining about this deal, totally over. >> nobody can get 100% of what they want, and this is not simply a contest between parties in terms of who looks good and who doesn't. >> don't you think republicans need to be careful about pushing back on this for the good of the country? if no deal is struck this year, president obama, what does he have? well, he's got the inauguration coming up. a big platform. he's got the state of the union address coming up. a big platform. he is going to have a better chance to have the american people on his side. president obama urged all members of congress to get some perspective over the holiday weekend on this. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols, enjoy the company of loved ones, and then i'd ask every member of congress while they're back home to think about that. think about the obligations we have to the people who
harry reid passed it back in july, and republicans refused to vote on it. boehner, why don't you vote on that? the time for complaining about this deal, totally over. >> nobody can get 100% of what they want, and this is not simply a contest between parties in terms of who looks good and who doesn't. >> don't you think republicans need to be careful about pushing back on this for the good of the country? if no deal is struck this year, president obama, what does he have? well, he's...
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Dec 22, 2012
12/12
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in july 2011, the white house tweeted the following. fiscal policy is important, but it can sometimes be dry. and then they pasted a link there for people to click on. when you click on the link to find out about this dry fiscal policies thing, this is happen had when you clicked on the link. ♪ >> there. you have been rick rolled. congratulations. a rick roll is an internet made you look prank. you promise somebody that they're going to see something cool and interesting new, and then they click on the link and get. this always this. it's not like any song, it's always this song. and this song is from 1987 from a man who i'm sure is very nice person who is named rick astley. but his name is rick, so it's rick rolled. this is an old online joke. it's weird and annoying, but it's annoying on purpose. you not only don't get to see the noteworthy thing that you were promised that you were interested enough in to click be, you also get this song stuck in your head, and it stay there's forever. it's the rick roll, okay? well, earlier this w
in july 2011, the white house tweeted the following. fiscal policy is important, but it can sometimes be dry. and then they pasted a link there for people to click on. when you click on the link to find out about this dry fiscal policies thing, this is happen had when you clicked on the link. ♪ >> there. you have been rick rolled. congratulations. a rick roll is an internet made you look prank. you promise somebody that they're going to see something cool and interesting new, and then...
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Dec 27, 2012
12/12
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from la guard yarks i'm meteorologist julie martin of the weather channel. back to you, craig. >> thanks to you. >>> coming up, the latest on former president bush's health after a spokesperson said the former president has suffered a, quote, series of setbacks. >>> plus, new details about senator mike crapo's arrest for drunk driving. it is just one of the things we thought you should know. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if
from la guard yarks i'm meteorologist julie martin of the weather channel. back to you, craig. >> thanks to you. >>> coming up, the latest on former president bush's health after a spokesperson said the former president has suffered a, quote, series of setbacks. >>> plus, new details about senator mike crapo's arrest for drunk driving. it is just one of the things we thought you should know. look, if you have copd like me, you know it can be hard to breathe, and how that...
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Dec 28, 2012
12/12
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CSPAN
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that's what i said back on july 25. the only reason we ever allowed that vote on that proposal as i said at that time is because we knew it didn't pass constitutional muster and that if democrats were really serious, they'd proceed to a revenue bill that originated in the house as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution, so let's put that convenient talking point aside from here on out. last night, i told the president i would be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. that having been said, we'll see what the president has to propose. members on both sides of the a
that's what i said back on july 25. the only reason we ever allowed that vote on that proposal as i said at that time is because we knew it didn't pass constitutional muster and that if democrats were really serious, they'd proceed to a revenue bill that originated in the house as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution, so let's put that convenient talking...
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Dec 22, 2012
12/12
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. >> he's 32 years old and in the worst prison and and since picked up in july on the iranian border and his whole family is under house arrest will he's beaten and fortured and a convert fromy islam because of his faith. he made an agreement that he would no longer run the house churches it is since he's been to iran nine times it is it an orfan age. but this time the guard got involved and so he's been interrogated and treated like a national security threat. that is the same kind of a charge that iran tried to levy against the pastor usef. it is death unless you peek out. this is an american citizen. our state department has acknowledged that now why did it take so long for them to acacupon knowledge -- acknowledge he was there. fox news broke the story with the information and we got that attention and people start to ask the state department. it is that decision you make as we represent the fam foom here in the united states. his wife and two kids. they are in america and not iran. he was visiting his family. we have to make that decision when it is it he is enough risk to put h
. >> he's 32 years old and in the worst prison and and since picked up in july on the iranian border and his whole family is under house arrest will he's beaten and fortured and a convert fromy islam because of his faith. he made an agreement that he would no longer run the house churches it is since he's been to iran nine times it is it an orfan age. but this time the guard got involved and so he's been interrogated and treated like a national security threat. that is the same kind of a...
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Dec 28, 2012
12/12
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so we have sent a bill to the house back in july, bipartisan bill that says what -- everybody says they don't want middle-class families to have their taxes go up, well, fine. why don't we start with something we can agree on, which is that? and just pass that. why doesn't the house just pass that? but as we know, the speaker couldn't even pass his own plan to say that up to a million dollars was exempt from tax cuts. so what they're doing is holding middle-class families hostage right now, trying to find some maneuver where the wealthiest people continue to get extra tax cuts that we just can't afford. so i'm not sure what's next. i can tell you the senate's here. we're in session. we had votes tonight. the president's here. i'm the eternal optimist. there are certainly things we can do including pass the farm bill that we passed last june that has $24 billion in savings by cutting subsidies for wealthy farmers. so there's a lot of things that we can do, but it's going to take the speaker deciding he wants to work across the aisle to get it done. >> but can the speaker work across the
so we have sent a bill to the house back in july, bipartisan bill that says what -- everybody says they don't want middle-class families to have their taxes go up, well, fine. why don't we start with something we can agree on, which is that? and just pass that. why doesn't the house just pass that? but as we know, the speaker couldn't even pass his own plan to say that up to a million dollars was exempt from tax cuts. so what they're doing is holding middle-class families hostage right now,...
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Dec 28, 2012
12/12
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julie. >> reporter: that's right. refunds in this $4.3 million settlement are expected to range anywhere from $20 to $4,600 per person. but to qualify, you must have borrowed money from check and go online. now, at a press conference today san francisco city attorney dennis herrera said check and go skirted california law by preying on the most economically vulnerable and charging interest rates as high as 400%. >> they partnered with an out- of-state bank to essentially say that we are no longer subject to the limits of 36% apr that's set in california law so as part of the settlement that we have negotiated with them they have agreed to abide by california's limits. they have discontinued that relationship with the out of state bank. and they also have established this settlement fund. >> reporter: now, to qualify for a refund you must have taken out a four-month installment loan through one of three affiliated websites between november 2006 and june 2008. you now have 90 days to file a claim. >>> and as we round ou
julie. >> reporter: that's right. refunds in this $4.3 million settlement are expected to range anywhere from $20 to $4,600 per person. but to qualify, you must have borrowed money from check and go online. now, at a press conference today san francisco city attorney dennis herrera said check and go skirted california law by preying on the most economically vulnerable and charging interest rates as high as 400%. >> they partnered with an out- of-state bank to essentially say that we...
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Dec 29, 2012
12/12
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the unrelenting heat proved deadly in the mid-atlantic and midwest states after july storms killed at least 22 people across the area. it also knocked out power leaving millions sweltering. heat-related deaths climbed to at least 20 in the chicago area. the big easy was not spared this year. hurricane isaac making landfall near new orleans on the eve of the seventh anniversary of hurricane katrina. isaac made landfall as a category 1 hurricane. the slow moving storm drenched low lying coastal areas. here's one of the hardest hit areas, plaquemines parish. it then moved slowly inland inundating communities in arkansas as it passed. an eerie sight in the skies over phoenix as a massive dust storm called a haboob blows in. winds gusting up to 40 miles per hour brought in dust and sand from the desert. 2012 also saw the birth of a superstorm, a devastating hurricane that collided with a powerful cold system from canada that slammed the northeast. sandy made landfall in south jersey in late october flooding beach communities, submerging highways and washing iconic boardwalks into the ocean
the unrelenting heat proved deadly in the mid-atlantic and midwest states after july storms killed at least 22 people across the area. it also knocked out power leaving millions sweltering. heat-related deaths climbed to at least 20 in the chicago area. the big easy was not spared this year. hurricane isaac making landfall near new orleans on the eve of the seventh anniversary of hurricane katrina. isaac made landfall as a category 1 hurricane. the slow moving storm drenched low lying coastal...
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Dec 28, 2012
12/12
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CNNW
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atlantis's last flight was in july of 2011. it was also the last of nasa's historic shuttle program, end of an era. the next time the public sees the spacecraft, it will be housed in a special museum at kennedy space center in florida. a grand opening is set for this summer, and who else would be there but our own john zarrella to bring us up to date on the project. whoa, do you look good. now, let me get this straight, john. this is a 180-foot-tall shuttle. it weighs more than 152,000 pounds. and it's shrink wrapped in plastic right now? >> reporter: yeah, it is. and you know, for the viewers out there, if you don't recognize what's there behind me, that's atlantis. in 16,000 feet of shrink wrap in order to protect it. you know, i've got the hard hat on. we're right here inside. there's guys working, building the museum around the shuttle atlantis as we speak, working nearly 24/7 to get ready for that grand opening. and you see the angle, alina, of how it is displayed here, supported on giant supports. that's a 43 1/2-degree a
atlantis's last flight was in july of 2011. it was also the last of nasa's historic shuttle program, end of an era. the next time the public sees the spacecraft, it will be housed in a special museum at kennedy space center in florida. a grand opening is set for this summer, and who else would be there but our own john zarrella to bring us up to date on the project. whoa, do you look good. now, let me get this straight, john. this is a 180-foot-tall shuttle. it weighs more than 152,000 pounds....